By Iain Manley. Chinese banks were comparatively slow to take wealth management seriously. Foreign banks beat them into the market in 2005, when AIG opened up an office in Shanghai, and by the time Bank of China started rolling out the country first centres for restigious wealth management along with…

By Frances Emery. Today, they are emblems of affluence, competing for the wealth of investors from every corner of the globe, but most of the world's major offshore financial centers had similarly humble beginnings. As global finance shifts eastward - with Chinese business people managing their assets and investments with…

By Mico M. Lysarian. China's rapid economic developments have left many households to profit over booming real estate resolutions, low-labour productions and foreign investments. Although a new class of Chinese nationals has emerged to the world scene over the last 20 years, a major realization and challenge for them has…

Q: How do private banking services and offshore private wealth structures work together? A: Private banking services and offshore private wealth structures work very well together and complement each other. Private Banks are able to offer a wide range of banking, investment and financial services to maximise the growth and…

By Zhang Shiwei. The establishment and development of the private banking sector have two fundamental premises: a constitutional law that recognizes the legitimacy of private property and private wealth that has achieved a "tremendous surge". While the legitimacy of private property in China was established by the 1982 Constitution,a rapid…